Nevada Statutes
§ 97.031 — “Finance charge” defined
“Finance charge” means the cost of credit indicated in a dollar amount. The term includes any charge payable directly or indirectly by the buyer and imposed directly or indirectly by the seller as an incident to or a condition of the extension of credit. The term does not include any charge of a type payable in a comparable cash transaction.
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Legislative History
(Added to NRS by 1995, 1801 )
Nearby Sections
15
§ 97.015
Definitions§ 97.017
“Amount financed” defined§ 97.025
“Cash sale price” defined§ 97.026
“Credit” defined§ 97.031
“Finance charge” defined§ 97.035
“Goods” defined§ 97.055
“Official fees” defined§ 97.075
“Rate” defined§ 97.135
“Services” defined§ 97.145
“Total of payments” defined